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Joanne has just started-up a business. She introduced $10,000 of her own savings, equipment worth...

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Accounting

Joanne has just started-up a business. She introduced $10,000 of her own savings, equipment worth $2,500 and obtained a bank loan of $1,000 under the name of business. What is the correct balance on Joannes capital account following these transactions? (4%)
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